Showing all posts tagged #economics:


Making is Show Business now – alexdanco.com clipping

Posted on October 12th, 2020

Nadia Eghbal’s new book, Working In Public: the Making and Maintenance of Open Source Software, may not have been on your short list of books to read this year. It’s admittedly a nerdy topic: it’s about open source projects, roles and responsibilities; the rise of GitHub as a developer platform; and how developer culture is evolving around the new power of creator platforms. I recommend you get it. It is mostly about software development, bu...

OWD #3: Disney World & other underworlds

Posted on August 15th, 2020

Every place has some dirty secrets, even Disney World. We all have to get rid of waste somehow! In this episode, the Bertauds and I discuss methods of sanitation and waste management from around the world, and how these hidden systems shape our cities. RSS · Apple Podcasts · Spotify · Overcast Every place has some dirty secrets, even Disney World. We all have to get rid of waste somehow! So in this episode, the Bertauds and I discuss methods...

OWD #2: Vanished in Guadalajara

Posted on July 8th, 2020

Alain and Marie-Agnes raised three children while living their nomadic lifestyle. So in this episode, we dug into how their role as parents shaped how they experience cities. Join us as we roam Bangkok, Guadalajara, Sana'a, Paris, Port-au-Prince, NYC and beyond!RSS · Apple Podcasts · Spotify · Overcast Here's the full transcript. You can also find it with synced audio here. If you'd like to correct any errors in the transcript, let me know an...

OWD #1: Tea time in Yemen

Posted on May 7th, 2020

I'm starting a podcast with my friends, Marie-Agnes and Alain Bertaud, who also happen to be the most interesting couple I know. Over the course of this first conversation, we traveled all around the globe for a whirlwind tour of the adventurous life they've led together.Audio · Photos · Transcript RSS · Apple Podcasts · Spotify · Overcast As I mentioned in my recent post, I'm starting a podcast with my friends, Marie-Agnes and Alain Bertau...

OWD #0: Welcome to Order Without Design

Posted on April 30th, 2020

I'm starting a new podcast called Order Without Design with the most interesting couple I know: Alain & Marie-Agnes Bertaud. This project is an extension of their book, Order Without Design: How Markets Shape Cities. With its focus on economic theory, you might not realize that this book is the product of the adventurous life these two have shared together. This podcast series is my excuse to hear and share those stories. Join the three of u...

Markets in everything at the Duomo

Posted on August 11th, 2019

You're not allowed inside the Duomo with your shoulders uncovered. We learned this the hard way. I was wearing a spaghetti strap dress (it's 92℉/33℃ and humid here in Milan), so they stopped my little group at the entrance, after we'd already purchased 3 tickets. Luckily, we only had about 15 seconds of frustration. I said "Ah that's a shame", Sebastián responded "Oh I'm sure there's a shop around here somewhere", Tyler said "Markets in eve...

Independence for whom?

Posted on March 23rd, 2019

I recently spent a day at Sea Ranch, a strange and beautiful place. Sea Ranch is a planned community with a distinctive architectural style: simple timber-frame structures clad in wooden siding, and gardens all planted with native flora. The Sea Ranch Design Committee enforces strict design rules on all 1,800 homes along that 10-mile stretch of the Northern California coast. The result is a cohesive, calming aesthetic unlike anywhere else I've...

Kinky Labor Supply and the Attention Tax clipping

Posted on January 22nd, 2019

This essay was written by Andrew Kortina and Namrata Patel. Kinky (S1) vs classical (S0) labor supply curve.Over the past few decades, labor force participation has sharply dropped for men ages 20-34. Theories about the root cause range from indolence, to a lack of skills and training, to offshoring, to (perhaps most interestingly) the increasing attractiveness and availability of leisure and media entertainment. In this essay, we propose th...

Re: For the greater good: the game theory of zoning

Posted on December 30th, 2018

Jake Auchincloss emailed me about my recent post For the greater good: the game theory of zoning and made the constructive point that a homeowner's mindset is "situation-dependent, not ingrained". At the end of the post, I had written that "Individualists and Regionalists are odd bedfellows". Jake pointed out that there may be tension at the abstract level of the Individualist-Localist-Regionalist framework, but that in practice people don't o...

For the greater good: the game theory of zoning

Posted on November 16th, 2018

Pro-housing advocates criticize "NIMBYs" as being uncooperative and selfish. However that's not how the so-called NIMBYs see themselves. The difference is a question of the granularity of your analysis. Individualists vs Localists A question I hear a lot is: "Why do NIMBY homeowners support zoning laws? Isn't it in their best interest to allow for the highest and best use so that they can sell their own property for the maximum price? Don't t...